COLUMBIA BANKING SYSTEM INC (COLB) Stock Technical Analysis
NASDAQ:COLB - Nasdaq - US1972361026 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to COLB. Although COLB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month COLB has a been trading in the 24.49 - 28.58 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
COLB has an average volume of 1388210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, COLB did better than 77% of all other stocks. However, we also see that COLB couldn't keep up this performance in the last couple of months.
COLB is part of the Banks industry. There are 402 other stocks in this industry, COLB did better than 61% of them.
COLB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of COLB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
24.79
29.13
We can see 2 important resistance areas.
- A resistance zone ranging from 25.98 to 27.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.53 to 28.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.36
Mansfield0.12
10 Day High27.23
10 Day Low24.49
20 Day High28.58
20 Day Low24.49
52 Week High32.85
52 Week Low17.08
Performance
1 Week-6.32%
2 Weeks-5.55%
1 Month-12.23%
3 Month-17.06%
6 Month5.92%
12 Month28.34%
2 Year16.9%
3 Year-22.4%
5 Year-6.57%
10 Year-13.57%
15 Year23.29%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)30.4
LBB24.62
UBB28.06
25.04
+0.07 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.28%
1 Week-6.32%
2 Weeks-5.55%
1 Month-12.23%
3 Month-17.06%
6 Month5.92%
12 Month28.34%
2 Year16.9%
3 Year-22.4%
5 Year-6.57%
10 Year-13.57%
15 Year23.29%
Volatility
ATR(14)0.78
ATR(20)%3.05%
ATR Inc1.79%
Range Today0.9
ADR(20)0.73
ADR(20)%2.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.36
Mansfield0.12
10 Day High27.23
10 Day Low24.49
20 Day High28.58
20 Day Low24.49
52 Week High32.85
52 Week Low17.08
CS1 EndN/A
CR1 Start25.98
Volume & EV
DER(3)0.93%
DER(5)0.7%
Volume1.55M
Volume Incr45%
Vol(5)1.90M
Vol(50)1.39M